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Category: TECHNOLOGY

Posted on 27/10/2020

SAIC Volkswagen Kicks Off World’s First Pure MEB Plant for Electric Cars

A joint venture between Volkswagen and Shanghai's SAIC Motor has opened the world's first factory that solely uses the German partner's modular electric drive matrix platform to make electric vehicles ... ( read original story ...)

Posted on 27/10/2020

Jack Ma-led Ant set to raise nearly $35bn in biggest IPO

Jack Ma’s Ant Group is set to raise about $34.5 billion through initial public offerings (IPOs) in Shanghai and Hong Kong. This would be a blockbuster listing that will rank as the biggest IPO ever ... ( read original story ...)

Posted on 27/10/2020

Chinese fintech could shatter records with $35B share offer

The world’s largest fintech company, China’s Ant Group, will try to raise nearly $35 billion in a massive public offering of stock that would shatter records. ( read original story ...)

Posted on 27/10/2020

Ant Group could raise nearly $35B in record share offering

China’s Ant Group will try to raise nearly $35 billion in its initial public offering in Shanghai and Hong Kong, which would make it the largest share offering in history. ( read original story ...)

Posted on 26/10/2020

RPT-EXCLUSIVE-Ant may raise up to $17 bln in Shanghai IPO leg as investors submit bids, say sources

China's Ant Group could raise up to $17.3 billion in the Shanghai leg of the likely $35 billion dual listing, the world's largest ever, after some large investors submitted bids in the range of 68-69 ... ( read original story ...)

Posted on 26/10/2020

China stock traders look for boost from Xi Jinping-led Communist Party meeting as UBS, JPMorgan pick sweet spots

Stocks rose by 4.7 to 9.2 per cent a month after the plenum in 2015, compared with a range of losses and tiny gains in the preceding four gatherings since the Shanghai Stock Exchange ... at HSBC ... ( read original story ...)

Posted on 26/10/2020

EXCLUSIVE-Ant may raise up to $17 bln in Shanghai IPO leg as investors submit bids, say sources

China's Ant Group could raise up to $17.3 billion in the Shanghai leg of the likely $35 billion dual listing, the world's largest ever, after some large investors submitted bids in the range of 68-69 ... ( read original story ...)

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